The source you are using quotes reported earnings. Market participants look at Underlying earnings. RIO had $3.4b in asset impairments and $2.7b loss on debt and exchange derivatives which would not affect cash earnings.
I get a PE of 11.4
I don't own any RIO- I prefer BHP.
The source you are using quotes reported earnings. Market...
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Last
$44.77 |
Change
1.120(2.57%) |
Mkt cap ! $227.0B | |||
| Open | High | Low | Value | Volume |
| $44.49 | $44.87 | $44.00 | $347.0M | 7.772M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5589 | $44.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $44.77 | 8514 | 3 |
View Market Depth
| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| BHP (ASX) Chart |